$SPCXB , this market hasn’t been very active today.
Current price is around 149
24h is basically moving sideways, volume is weak
Analysis:
First watch the 147 level; if it doesn’t break, don’t make a move. Sideways digestion is the most frustrating, and with volume not picking up, it means there’s no real direction in the market. 147 is today’s low; if it holds, there’s still room to talk, but if it breaks, then look lower. Anyway, staring at the chart now won’t help—the price is bouncing back and forth between 148 and 150, and even if you’re itching to trade, you’ve got to hold back. No volume means no point in acting; wait until it chooses a side on its own.
What do you think about this line?
Current price is around 149
24h is basically moving sideways, volume is weak
Analysis:
First watch the 147 level; if it doesn’t break, don’t make a move. Sideways digestion is the most frustrating, and with volume not picking up, it means there’s no real direction in the market. 147 is today’s low; if it holds, there’s still room to talk, but if it breaks, then look lower. Anyway, staring at the chart now won’t help—the price is bouncing back and forth between 148 and 150, and even if you’re itching to trade, you’ve got to hold back. No volume means no point in acting; wait until it chooses a side on its own.
What do you think about this line?
